Affordable homes offer $11.8-bn opportunity for builders

Last Updated: Monday, August 24, 2015, 23:48

Affordable home segment presents a business opportunity worth USD 11.8 billion for developers across seven major cities of the country, according to property consultant Cushman and Wakefield.

Housing-for-All: States to be involved in planning, decision-making

Last Updated: Thursday, August 20, 2015, 22:13

For smooth implementation of the ambitious 'Housing-for-All' scheme, the Centre has proposed to decentralise the process by involving state governments in the planning and decision-making process.

Good news for home seekers in Delhi; DDA to offer over 60,000 flats next year

Last Updated: Thursday, August 20, 2015, 13:46

DDA will issue its next housing scheme by the end of 2016, which would be much larger than the 2014 project and will include more than 60,000 flats.

Housing.Com acquires HomeBuy360 for $2 million

Last Updated: Sunday, August 16, 2015, 15:36

With this acquisition, Housing.Com is now the only online real estate listing platform to own a developer CRM company.

Dewan Housing takes 50% stake each in Pramerica AMCs

Last Updated: Tuesday, August 11, 2015, 15:16

Dewan Housing Finance Corporation (DHFL) on Tuesday said it has acquired 50 percent stake in Pramerica Asset Managers Private (PAMC) and Pramerica Trustees Private (PTC).

ICICI Prudential exits Logix's Noida housing project for Rs 62-crore

Last Updated: Wednesday, August 5, 2015, 15:27

Realty player Logix Group has bought back its equity stake in a housing project at Noida from ICICI group's real estate fund for about Rs 62 crore, paving way for the latter's exit from the project.

Realty sector needs bold policy decisions: DLF Chairman

Last Updated: Tuesday, August 4, 2015, 18:40

Prime Minister Narendra Modi has aroused "great expectations" for housing sector, but they are yet to be realised and the industry continues to face a plethora of challenges, realty giant DLF's Chairman K P Singh has said.

Govt orders probe into 16 companies for illegal deposits: Jaitley

Last Updated: Friday, July 31, 2015, 16:40

The government has ordered probe against as many as 16 firms, including Saradha Housing, in the current fiscal (2015-16) for allegedly being involved in illegal deposit-taking activities, Parliament was told on Friday.

Delhi-NCR housing sales drop 50% in H1; new launches falls 68%

Last Updated: Wednesday, July 29, 2015, 16:33

New home launches fell by 68 percent to 11,360 units in January-June 2015, from 35,500 units in the first half of last year.

HDFC Ltd declares financial results for quarter ended June 30

Last Updated: Tuesday, July 28, 2015, 23:28

Housing Development Finance Corporation (HDFC) Limited has announced its financial results for the quarter ended June 30 in which the company`s standalone profit after tax stood at Rs. 1,361 crore.